TMI BlogOffshore Upfront Fee Classified as Interest, Not Subject to Service Tax.Whether the Offshore Upfront Fee paid by the respondent is an interest or a fee? - - the said amount on which the service tax is being demanded and Upfront Fee is nothing but an interest and on interest, no service tax is payable. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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